Clearing and Settlement Analyst 1-2Yrs

Rangam Infotech Pvt. Ltd.; Jaipur; On-site; INR 4,00,000 - 6,00,000; Full time

Job summary

A financial services firm is seeking an Analyst for back office operations, focusing on settlements and client reporting. Candidates should have knowledge in capital markets, strong communication skills, and excel proficiency. The role involves managing daily deliverables, collaborating with teams, and resolving settlement discrepancies. Relevant experience in securities settlement is beneficial, though freshers are welcome. The position is based on-site in Jaipur, India, with 3 days of office work per week.

Qualifications

• Relevant settlement experience (1-2 years) is preferred but not mandatory.
• Preference for local candidates but open to non-local candidates.
• Freshers are also considered.

Responsibilities

• Manage day-to-day deliverables of settlement processes.
• Prepare and verify swift instructions to custodian agents.
• Resolve unmatched items and implement long-term solutions.
• Support client services team for settlement issues.
• Prepare end-of-day control reports.

Skills

Strong communication skills

Excel knowledge

Knowledge of capital market/securities

Problem solving and decision making

Good team worker

Education

Graduate from recognized university

Tools

Microsoft Windows

SWIFT

Job description

• Specific/ mandatory skills: Ccommunication should be strong, excel knowledge, knowledge of capital market/securities
• Experience range: Relevant settlement experience (1-2 Years) would be great however no such mandate on experience.
• Open to considering fresher candidates (Yes/No): Yes
• Open to considering relocation/ non-local candidates (Yes/No): Local will be preferable.
• Shift timings: 11:00 to 20:30
• Number of days work from office: 3 days
• Preference of hiring only diversity candidates (Yes/No): No

Process Details:

• Preparing and verifying swift instructions to our custodian agent as required
• Resolving problems arisen from unmatched items and implement long term solutions for frequently occurred issues
• Preparing pending trades report and communicate with custodian agent to identify settlement issues over telephone or via provided systems
• Identifying cash or any other discrepancies to our books & records and following up till resolved
• Supporting client services team to resolve problem for client in terms of settlement issue.
• Assist in creating proper backups through adequate cross training, within the department
• Escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business
• EOD control reports as per procedures

Your key responsibilities

Area of responsibility is in back office operation of Custodian, opening is at Analyst position whose main responsibilities include managing day to day deliverables of the process. The individual will be responsible for Settlements of client instructions, Client Reporting, Reconciliation of Securities and Cash, Repairing incorrect client instructions.

The analyst will have to adhere to Key Operating Procedures for performing daily functions

Your skills and experience:

• Knowledge in Capital Markets
• Microsoft Windows and Associated Applications
• Knowledge of SWIFT
• Good Team Worker and Collaborative approach
• Apt in Problem Solving and Decision Making
• Graduate from recognized university
• Preferable should have Security Settlement work experience of 1 year in IB/Asset Management/Broking business